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WASHINGTON (Reuters) - A gunman wounded a security guard on Wednesday at the headquarters of Family Research Council, a conservative Christian lobbying group, police said.
The male guard was shot in the arm when he confronted the gunman in the lobby of the building in downtown Washington, a police spokesman said.
Other guards wrestled the gunman to the ground and he was taken into custody. The wounded guard was taken to a hospital, where he is in stable condition, the spokesman said.
The weapon was recovered and the motive for the attack is unknown. The Federal Bureau of Investigation and police are investigating.
In a statement, President Tony Perkins said: "Our first concern is with our colleague who was shot today. Our concern is for him and his family."
Founded in 1983, the Family Research Council opposes same-sex marriage, abortion, embryonic stem-cell research and disputes that global warming is the result of human activity.
(Reporting by Ian Simpson; Editing by Vicki Allen)
Source: http://news.yahoo.com/guard-shot-conservative-lobby-group-office-washington-dc-172832063.html
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One of the most overlooked parts of real estate investing is ensuring business continuity. Most investors get used to being in a rush to find more deals and grow and forget to take time out to plan for the future and protect what they?ve got.
This is what often separates the big winners from those who end up searching for a new job, often overnight when the unexpected does happen.
The Most Important Factor in Business Continuity Planning
What is one of the most significant elements yet also likely the most overlooked when it comes to ensuring business continuity?
Look at what has happened to other hugely successful companies or the biggest worries about the futures of some of the current ones. Look at the chaos when Steve Jobs passed on. What has become of Microsoft since Bill Gates left? How many people really bought the new Microsoft Surface tablet? Why is Berkshire Hathaway still so loved?
Yes, it is have a plan for a successor to run your real estate investing business.
Yet according to a new survey from the Urban Land Institute only 48% of real estate companies annually review plans for succession. Just 22% have formal plans for it in place and only 11% think the industry is adequately preparing for succession issues.
Succession planning isn?t just about panning to die. Who does that? Though what if you decide you want an extended break, want to retire early (or at all) or become disabled or even need ot take time off to help family? How will your real estate investing business keep running to provide for your family and who will run it?
Who Will Carry On Your Legacy?
May be you have kids you want to take over but what if they have other plans, aren?t ready or just aren?t qualified?
Owners of real estate investing businesses need to recognize the need to be training a successor and maybe a backup one or two too, now.
This can also be a way to ensure you retain the top talent and allow them to grow with you rather than having them lead and head up the competition.
Those who have been embracing a virtual office structure can still do this with remote employees and managers just as well as with in-house ones.
Not only will getting a head start on this now make it easier it will give others more confidence in your business, increasing the potential of attracting better partners and make the transition smoother for staff and vendors later. In fact this is not an option, it is a must. Without thorough planning and training even a couple weeks of chaos trying to put a successor in place in an emergency can completely destroy a real estate investing business.
August is What Will Be Your Legacy Month, the perfect time to work on this as part of ensuring your legacy. Don?t get caught slipping.
Source: http://reieducationcompany.com/this-is-crucial-for-real-estate-investing-business-continuity/
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Every month, there are hundreds of thousands of home foreclosures across the country. They're wreaking havoc on property values -- and our psyche.
It's hard to miss these uncared-for homes with their overgrown lawns and wild-looking bushes. The solution seems simple: Stick a for-sale sign in the yard and get that eyesore sold. But that isn't what's happening.
The numbers are alarming. How much time does it take to settle a typical foreclosure? Try 370 days -- and then add another 180 days before it's actually sold.
That's more than a year and a half to get a blighted property into the hands of a responsible homeowner. To gain perspective on how bad things are, the average foreclosure in 2007 took just 150 days to close. Oh, to have those days back.
But why doesn't that cruddy house down the street sell? The answer may surprise you: There was the possibility that banks were holding back on listing foreclosures because they didn't want to flood the market and cause prices to tank again.
Daren Blomquist, vice president of the foreclosure listing website RealtyTrac, said banks are slammed by high foreclosure volume and the additional scrutiny resulting from improper foreclosures of the past. Some wondered aloud if banks were concerned about a flood, Blomquist said.
In April, the banks reached a $25 billion foreclosure abuse (robo-signing) settlement, and, bam, second-quarter filings shot up 9% from the first quarter. It seems the banks are more comfortable with foreclosing again. (The five major banks are paying for their robo-signing practices, in which employees signed off on foreclosures without properly reviewing their cases. One bank reportedly approved nearly 10,000 documents in one month's time.)That's not the only reason foreclosures languish. David Le, a Redfin real estate agent in Northern Virginia, noted that in one of his recent deals, it took nine months before the tenant of a Fannie Mae-owned property was evicted. Next came a flurry of activity with inspections and appraisals that lasted about three months until the house was listed.
Also, rules and regulations can be tough, depending on the state. Fannie Mae deals, for example, adhere to strict guidelines. Once the price is set, it can't be reduced in the first 30 days, but few buyers are willing to pay full asking price for distressed homes. After a month, the price is lowered incrementally by 5% or 10%. Because Fannie Mae and Freddie Mac focus on the bottom line -- and not how a property looks -- this leaves little room for negotiation.
It might seem that nobody cares about moving these properties quickly. Since 2007, more than 8 million foreclosure starts have been filed. But real estate agents in many parts of the country are seeing an uptick in demand and lack the inventory to meet it.
"In some areas, foreclosures are selling like hotcakes," Blomquist said. "Buyers see foreclosures as great deals, and agents want to have more of that to sell. In some of the harder-hit markets, foreclosure inventory has dwindled down to a smaller amount, and the demand is there from the buyers."
The good news is we should see home sales speed up in the near future. In the first quarter of 2012, a 25% increase in pre-foreclosure sales signaled the tide is turning for how banks deal with distressed homes. Banks are becoming more open to pre-foreclosures because they minimize losses. With pre-foreclosure sales, a property is sold by short sale or auction before the foreclosure process is complete. In the first quarter, the average price of a pre-foreclosure home was $27,000 higher than a foreclosure sale, according to RealtyTrac.com.
While it might take a few years for the housing market to ramp back up, it's nice to know our neighborhoods won't always look like a Tim Burton comedy.
The Investing Answer: Don't freak out if the foreclosures on your street are bringing down the neighborhood. Talk with neighbors about taking turns mowing the blighted yards. Make sure your home is fairly appraised to ensure a premium offer. Talk to real estate agents and watch the market as it moves toward a recovery.
Taken from:?http://www.investinganswers.com/personal-finance/homes-mortgages/shocking-reason-why-foreclosure-near-you-wont-go-away-4532
Source: http://ridwanrreyza.blogspot.com/2012/08/the-shocking-reason-why-foreclosure.html
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LONDON (Reuters) - Jamaican Usain Bolt leaves his rivals trailing on the track and will outsell them off it by combining his unparalleled athletic achievement with personal appeal.
Bolt looks certain to improve on annual earnings of $20 million after retaining his 100 meters Olympic title and the world record on Sunday night. He needs a higher profile in the United States to join the ranks of the very richest athletes but that should not be beyond the fastest man in the world.
The gangly 25-year-old, tall for his sport at 1.96 meters (6ft 5in), is an advertising man's dream. His name is made for his profession and he has won fans on the biggest global stage with a unique cocktail of cheek and cool.
"The fastest man of all time is a big statement to be able to make," said Joel Seymour-Hyde of sports marketing agency Octagon. "Beyond that, you have his stature. He is an iconic-looking figure.
"Then you have the charisma and personality. 100 meter runners are always big on bravado but it's unique to have someone so smiley and relaxed," he said.
Famous for his much-mimicked "Lightning Bolt" pose at the end of races, Bolt has a series of lucrative sponsorship deals.
He is the face of German sportswear company Puma, which also sponsors the Jamaican national team. He also looms large on a poster for Olympic sponsor Visa adorning the Westfield shopping centre on the edge of the Olympic Park.
Bolt's success was a fillip for Puma, number three in sportswear sales behind Nike and Adidas, which said last month it would cut back on sponsorship deals after second quarter earnings slumped.
Puma is not an Olympic sponsor and can only start a fresh marketing campaign built around Bolt next week once the Games are over.
ATLANTIC CROSSING
Puma has tapped into Jamaica's image as a laid-back and vibrant country to help sell Bolt and his team mates, and signed up Cedella Marley, daughter of reggae music great Bob Marley, to design Jamaica's Olympic kit.
Bolt, in return, has helped refresh the image of the Caribbean island, said Peter Walshe of brand specialists Millward Brown.
Walshe said Bolt's calm in the face of immense stress widened his appeal.
"With Bolt, there is something that goes beyond sport. It's his attitude to life, how he conquers pressure with humor, that mixture of humility and arrogance," he said.
He compared Bolt's marketability with former England soccer captain David Beckham, one of the most well-known sports celebrities Britain has produced.
Beckham broke the back of the all-important U.S. market after joining LA Galaxy, and ranks 8th in Forbes' latest survey of top earning sports personalities. Bolt was the highest track and field athlete but only 63rd overall in a list topped by boxer Floyd Mayweather.
"He absolutely has the ability to crack the U.S. market," said Mike Principe, CEO of TLA Worldwide, a company which represents U.S. hurdler Lolo Jones as well as baseball players and golfers.
Track and field does not have the regular exposure enjoyed by the biggest U.S. sports and has to exploit the Olympic spotlight every four years, Principe said.
Puma was certain to step up marketing efforts after London.
"I would make use of his big personality, smile and humor," Principe said.
"Demographically, he is going to appeal quite heavily to the younger American male," he added. "I think you will also find a fair number of women interested in Usain as well."
(Editing by Sonya Hepinstall)
Source: http://news.yahoo.com/bolt-brand-unique-appeal-sponsors-160857620--sector.html
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A worshiper prays outside a Sikh temple after the shooting. (Milwaukee Journal-Sentinel/AP)Click on the images for more photos.
At least seven people were killed, including the suspected gunman, in a mass shooting at a Sikh temple in Oak Creek, Wis., south of Milwaukee on Sunday.
According to police, 911 dispatchers received multiple calls from the temple at approximately 10:25 a.m. local time. An officer who responded to the scene was treating a victim when he was "ambushed" by the suspected gunman in the parking lot, Oak Creek Police Chief John Edwards said. The veteran officer was shot multiple times and rushed to Milwaukee's Froedtert Hospital where he underwent surgery, Edwards said.
The suspect was shot and killed by a second officer, police said. The gunman was not identified, and no motive was released.?But according to Thomas Ahern, spokesman for the ATF Chicago bureau, the gunman was a white male in his early 40s.
Sources told ABC News the suspect was a "white supremacist" or "skinhead." And officials told NBC News he had "some kind of radical or white supremacist views," but was apparently not a member of any kind of radical organization. His past run-ins with law enforcement were described as minor.
Tactical units conducting a sweep of the 17,000-square-foot temple discovered four bodies inside and three?including the gunman?in the parking lot. Edwards said "weapons" were recovered, but would not elaborate. According to CNN, two semi-automatic handguns were recovered at the scene, and member of the temple described the gunman as tall male with what appeared to be a "9/11 tattoo." Officials told NBC the suspect,?who served in the U.S. Army,?had many tattoos.
There were initial, unconfirmed reports of multiple shooters and a hostage situation, though police said they believe there was just one gunman.
[Slideshow: Sikh temple shooting: Images from the scene]
A spokesman for Froedtert Hospital said a total of three victims, including the officer, were admitted?two with gunshot wounds to the face and one with gunshot wounds to the abdomen. All three are in critical condition, the spokesman said. Other area hospitals were initially told to prepare for as many as 20 victims, though it appears that figure was precautionary.
Law enforcement officials are treating the case as an "act of domestic terrorism," police said, and the FBI is leading the investigation. The names of the victims in Sunday's shooting were not released.
According to the Milwaukee Journal Sentinel, Satwant Kaleka, the president of the temple, was one of the victims taken to Froedtert Hospital, according to his nephew, Gurmit Kaleka.
Dozens of worshipers, including women and children, were gathering for a meal before an 11:30 a.m. prayer service at the temple, or gurdwara, when the shooting occurred. There are about 500 members in the congregation, officials said.
A man wipes away tears outside the Sikh temple in Oak Creek, Wis., Aug. 5, 2012. (Jeffrey Phelps/AP)
Witnesses described a chaotic scene as worshipers reportedly hid inside closets within the building after the gunman opened fire inside.
President Barack Obama was notified of the shooting shortly before 1 p.m. (ET) by chief counterterrorism adviser John Brennan, a senior administration official told Yahoo News.
"Michelle and I were deeply saddened to learn of the shooting that tragically took so many lives in Wisconsin," Obama said. "At this difficult time, the people of Oak Creek must know that the American people have them in our thoughts and prayers, and our hearts go out to the families and friends of those who were killed and wounded. My administration will provide whatever support is necessary to the officials who are responding to this tragic shooting and moving forward with an investigation. As we mourn this loss which took place at a house of worship, we are reminded how much our country has been enriched by Sikhs, who are a part of our broader American family."
Mitt Romney released a statement, too. "This was a senseless act of violence and a tragedy that should never befall any house of worship," Romney said. "Our hearts are with the victims, their families, and the entire Oak Creek Sikh community. We join Americans everywhere in mourning those who lost their lives and in prayer for healing in the difficult days ahead."
Wis. Gov. Scott Walker said his office is working with the FBI and local law enforcement in its investigation.
"Our hearts go out to the victims and their families as we all struggle to comprehend the evil that begets this terrible violence," Walker said. "At the same time, we are filled with gratitude for our first responders, who show bravery and selflessness as they put aside their own safety to protect our neighbors and friends."
The Indian Embassy in Washington called it a "tragic incident" and said it has been in touch with the National Security Council and local authorities to monitor the situation.
Sunday's shooting comes less than a month after the Aurora, Colo., theater massacre, when 12 people were killed and 58 wounded during a midnight screening of "Dark Knight Rises."
Sikhism is a 500-year-old monotheist faith with about 27 million followers worldwide, including about 300,000 in the United States.
Since 9/11, Sikh groups in the United States have reported a rise in bias attacks. There have been more than 700 reports of hate-related incidents against Sikhs since the Sept. 11, 2001, terror attacks, according to the Associated Press. "Sikhs don't practice the same religion as Muslims," the AP noted, "but their long beards and turbans often cause them to be mistaken for Muslims, advocates say."
In the wake of the shooting in Wisconsin, law enforcement officials in other cities, including New York City, increased patrols near Sikh temples on Sunday. However, there is no known threat against Sikh temples in New York, the NYPD said.
Source: http://news.yahoo.com/blogs/lookout/sikh-temple-shooting-175002467.html
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